Yes, that is the plan. Actually, I'm hoping for one more
push up on the SPX today to finish selling and SLV today to
finish adding short. Then I'm looking for it to get ugly
for SLV in the short term.
I called my local Jeweler, they are a pretty big dealer
actually, they quoted me $45.10 an ounce to buy my silver bars and
$1501 for my gold bars, that's not a bad price
This is what happened in one of the parabolic moves on one
occasion. Lots of similarities with this and the last time it
happened
RSI hit 90+, $gold to $Silver hit lows when RSI is at 10
By past today is the day when it hits MAX on Silver but it
can go a day or week without correction. Best is to get some
protection by buying puts a long way away. If aggressive then buy
weeklies of next week. The following doesn't include todays data
and sure we would have hit 90 RSI and gold:silver under 10 RSI by
EOD close
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You will soon be rewarded
all in!
Posted by coold on 21st of Apr 2011 at 11:51 am
You will soon be rewarded with at least 50-70 pts
Yes, that is the plan.
Posted by pebs on 21st of Apr 2011 at 12:02 pm
Yes, that is the plan. Actually, I'm hoping for one more push up on the SPX today to finish selling and SLV today to finish adding short. Then I'm looking for it to get ugly for SLV in the short term.
Come on! I want that
Posted by pebs on 21st of Apr 2011 at 02:38 pm
Come on! I want that blow off top!
I called my local Jeweler,
Posted by matt on 21st of Apr 2011 at 02:47 pm
I called my local Jeweler, they are a pretty big dealer actually, they quoted me $45.10 an ounce to buy my silver bars and $1501 for my gold bars, that's not a bad price
SELL!
Posted by arcc on 21st of Apr 2011 at 03:00 pm
SELL!
This is what happened in
Posted by coold on 21st of Apr 2011 at 12:17 pm
This is what happened in one of the parabolic moves on one occasion. Lots of similarities with this and the last time it happened
RSI hit 90+, $gold to $Silver hit lows when RSI is at 10
By past today is the day when it hits MAX on Silver but it can go a day or week without correction. Best is to get some protection by buying puts a long way away. If aggressive then buy weeklies of next week. The following doesn't include todays data and sure we would have hit 90 RSI and gold:silver under 10 RSI by EOD close